{
  "crd_number": 149694,
  "slug": "precision-fiduciary-partners-llc-austin-tx-149694",
  "primary_business_name": "PRECISION FIDUCIARY PARTNERS, LLC",
  "legal_name": "PRECISION FIDUCIARY PARTNERS, LLC",
  "dbas": [
    "PRECISION FIDUCIARY PARTNERS, LLC"
  ],
  "city": "Austin",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "12420",
  "metro": {
    "cbsa_code": "12420",
    "common_name": "Austin",
    "msa_name": "Austin-Round Rock-San Marcos, TX",
    "path": "/advisors/tx/austin"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2013-11-18",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-07-10",
  "carried_forward": false,
  "raum_total": 24079375901.0,
  "raum_discretionary": 21143750089.0,
  "raum_non_discretionary": 2935625812.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 17,
  "advisory_employees": 8,
  "client_count_bucket": null,
  "clients_by_type": {
    "state_municipal": {
      "raum": 3345109393.0,
      "count": 29
    },
    "pension_profit_sharing": {
      "raum": 20210993322.0,
      "count": 4045
    },
    "pooled_investment_vehicles": {
      "raum": 523273186.0,
      "count": 70
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 3,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA",
    "WI",
    "WY"
  ],
  "websites": [
    "https://facebook.com/mesirowfinancial",
    "https://mesirow.com",
    "https://mesirowfinancial.com",
    "https://twitter.com/mesirowfin",
    "https://youtube.com/user/mesirowfinancial"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/149694",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    }
  ],
  "city_as_filed": "AUSTIN",
  "url": "https://advisorcensus.com/firm/precision-fiduciary-partners-llc-austin-tx-149694",
  "display_name": "Precision Fiduciary Partners, LLC",
  "summary": "Precision Fiduciary Partners, LLC is an SEC-registered investment advisory firm in Austin, TX, registered since 2013, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 10, 2026.",
  "citation": "AdvisorCensus. Precision Fiduciary Partners, LLC (CRD 149694): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Precision Fiduciary Partners, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Precision Fiduciary Partners, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Precision Fiduciary Partners, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated July 1, 2026 states: Asset-based fee: 0.05% to 0.75% a year (a range, as the brochure states it); Flat fee: $500 to $200,000 (ERISA Fiduciary Services for Retirement Plans). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Precision Fiduciary Partners, LLC located?",
      "a": "Precision Fiduciary Partners, LLC's principal office is in Austin, TX, according to its Form ADV."
    },
    {
      "q": "Is Precision Fiduciary Partners, LLC registered with the SEC or a state?",
      "a": "Precision Fiduciary Partners, LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 149694."
    },
    {
      "q": "How much does Precision Fiduciary Partners, LLC manage?",
      "a": "Precision Fiduciary Partners, LLC reports $24,079,375,901 in regulatory assets under management in its Form ADV filing dated July 10, 2026 (88% discretionary)."
    },
    {
      "q": "How have Precision Fiduciary Partners, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Precision Fiduciary Partners, LLC: Regulatory assets under management: $12,902,448,562 in the October 2021 data and $24,079,375,901 in the October 2026 data, up 87%. Total employees: 20 in October 2021 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Precision Fiduciary Partners, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (4,045); pooled investment vehicles (other than investment companies and business development companies) (70); state or municipal government entities (including government pension plans) (29)."
    },
    {
      "q": "Does Precision Fiduciary Partners, LLC report any disciplinary disclosures?",
      "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/149694"
    },
    {
      "q": "Does Precision Fiduciary Partners, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated July 1, 2026 says: \"PFP generally does not impose a minimum account size for establishing a relationship.\""
    },
    {
      "q": "What changed in Precision Fiduciary Partners, LLC's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Added the business name Precision Fiduciary Partners, LLC. Item 11 disclosure answers changed: 3 yes answers, previously 0 (now yes: 11.C(2), 11.C(4), 11.C(5)). Changed its legal name from Leafhouse Financial Advisors, LLC to Precision Fiduciary Partners, LLC. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 12902448562.0,
      "total_employees": 20,
      "filing_date": "2021-03-17"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 15453585811.0,
      "total_employees": 23,
      "filing_date": "2022-03-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 14128243774.0,
      "total_employees": 17,
      "filing_date": "2023-06-07"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 17004947985.0,
      "total_employees": 25,
      "filing_date": "2024-03-04"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 20715751858.0,
      "total_employees": 27,
      "filing_date": "2025-07-07"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 24079375901.0,
      "total_employees": 17,
      "filing_date": "2026-07-10"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Added the business name Precision Fiduciary Partners, LLC.",
        "Item 11 disclosure answers changed: 3 yes answers, previously 0 (now yes: 11.C(2), 11.C(4), 11.C(5)).",
        "Changed its legal name from Leafhouse Financial Advisors, LLC to Precision Fiduciary Partners, LLC.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 7 to 8.",
        "Regulatory assets under management went from $20,715,751,858 to $24,093,101,856 (+16%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in CO."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 1, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.05% to 0.75% a year",
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $500 to $200,000 (ERISA Fiduciary Services for Retirement Plans)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.05% to 0.75% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "The fees for ERISA Fiduciary Services for Retirement Plans will typically be between 0.05% and 0.75%. The fee will be negotiated by PFP and the Client"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "PFP generally does not impose a minimum account size for establishing a relationship."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $500 to $200,000 (ERISA Fiduciary Services for Retirement Plans)"
        ],
        "quotes": [
          "PFP may also negotiate a flat fee for these services. Flat fees will generally be between $500 and $200,000."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.05,
        0.75
      ],
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 500.0,
          "max": 200000.0,
          "period": "one_time",
          "service": "ERISA Fiduciary Services for Retirement Plans"
        }
      ]
    },
    "quotes": [
      "The fees for ERISA Fiduciary Services for Retirement Plans will typically be between 0.05% and 0.75%. The fee will be negotiated by PFP and the Client",
      "PFP generally does not impose a minimum account size for establishing a relationship.",
      "PFP may also negotiate a flat fee for these services. Flat fees will generally be between $500 and $200,000."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/precision-fiduciary-partners-llc-austin-tx-149694.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 70,
      "fewer_than_5": false,
      "raum": 523273186.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 4045,
      "fewer_than_5": false,
      "raum": 20210993322.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 29,
      "fewer_than_5": false,
      "raum": 3345109393.0
    }
  ],
  "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/149694",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}